Wednesday, February 22, 2012
I don't usually troll the Fox Biz sites, but this caught my eye. Apparently, the recent insider trading investigations are far from over. According to Charlie Gasparino, the DOJ/SEC have only just begun:
--They have “scheduled out” cases for the next five years, meaning that the use of wire taps and informants have netted far more cases than they had originally thought.
--Though it’s difficult to predict future case loads, law enforcement officials are in general agreement that “hundreds” of additional people could be charged in the years ahead. “In five years, we can easily see hundreds of people arrested and charged,” another senior law enforcement official told FOX Business.
Scheduled out for years? Wow.